Post
- Francisco Vale
- January 16, 2024
- 10:01 am
- Francisco Vale
6 Ways to Get Portuguese Residence
Why Portugal?
Portugal boasts a rich and diverse culture, Mediterranean climate, and a safe and stable setting ideal for raising
families, conducting business or traveling. Investors find many opportunities in Portugal’s secure and fast-developing market, including the following:
- Live and work in Portugal;
- Visa-free European Travel;
- Permanent Residency or Citizenship of Portugal after five years as a temporary resident;
- Inclusion of family members, such as spouse or partner, dependent children and dependent parents.
There are mutiple options to relocate to Portugal, in this article we will introduce several programs we are offering to all investors.
Golden Visa – Fund Acquisition
- Introduction
What an investment fund does is collect investment from several investors and invest in the financial and capital
market, acquiring assets and increasing capital. They are managed and operated by a management company working under risk controls. A capital transfer into Portugal investment funds to the amount of at least EUR 500.000 is needed to request
legal residency in Portugal.
- Application Requirements
- The main applicant must be at least 18 years old;
- Provide Certificate of No Criminal Conviction;
- Provide support documents of source of funds;
- Completion of EUR 50000 Investment Fund.
- Program Benefits
- Low Physical Presence Requirement
Seven days during the first year of residence and 14 days for the two subsequent years, which can count towards
citizenship eligibility after five years.
- Simple and Regulated Process
The applicant receives a taxpayer number, opens a bank account and buys shares of the fund. Then collects
documents for a residence permit and submit an application and biometrics.
- Tax Efficiency
Venture capital funds are a tax-efficient vehicle – dividends and capital gains returned to investors may be tax-exempt. Some cases allow for exemptions to withhold tax on income generated through the fund, especially if the
investors are not tax residents in the country.
- Potential earnings
The annual yields and eventual capital gains may be significantly higher than other investment funds related to
Golden Visa Program, depending on the focus of the investment fund.
HQA Visa
- Introduction
HQA (Highly Qualified Activity) Visa gives third country nationals the opportunity to establish their own company
in Portugal by investing EUR 170.000 in their new business. The business must take part in a government-approved incubator program for the first three years but there are no job creation or business performance
requirements.
- Application Requirements
- The main applicant must be at least 18 years old;
- Provide Certificate of No Criminal Conviction.
- Provide support documents of source of funds;
- Completion of EUR 170.000 Investment.
- Program Benefits
- Flexibility in Residency
This program provides greater flexibility for those who travel frequently.
- Efficient Processing and Timeline
Experience swift and hassle-free processing of your application, ensuring you receive your residency and ID card without unnecessary delays.
- Citizenship Eligibility
After five years of residency under the HQA residency visa, applicants become eligible to apply for permanent
residency or citizenship citizenship, opening doors to a life in the European Union.
- A Unique Collaboration with Portuguese Universities
Eligible applicants engage in a contractual agreement with a Portuguese university, contributing to research and
development, particularly in startup environments. This collaboration not only facilitates your residency in
Portugal but also immerses you in Portugal’s innovative academic sphere.
D7 Visa
- Introduction
D7 Visa Program, also referred to as the “Non-Lucrative Residency Visa” or the “Passive Income Visa” in Portugal.
This exclusive program aims to attract foreign retirees with stable pensions or individuals with stable investment income, including movable or immovable assets, financial investments, and more, to settle in Portugal. Its primary
purpose is to grant applicants and their families a residence permit, allowing them to establish their residence in Portugal.
- Application Requirements
- The main applicant must be 18 years of age or older and has a monthly income of EUR1.300 (suggested);
- For each additional spouse or parent to be included into the application, the minimum income requirement for the main applicant increases by 50% of their income threshold;
- For each additional children to be included into the application, the minimum income requirement for the main applicant increases by 30% of their income threshold.
- Program Benefits
- No Property Purchase or Investment Requirements
This lowers the initial capital required, making it an attractive option for individuals seeking affordable immigration solutions.
- Enjoy Equal Rights and Benefits as Portuguese Residents
This includes access to high-quality free public healthcare, elite education in public schools, and social security benefits, providing a secure and comfortable living environment.
- Freedom of Movement within the Schengen Area
Portuguese Residents can enjoy unrestricted travel within the Schengen Area, comprising 27 European countries.
- Path to Permanent Residency or Portuguese Citizenship.
For those seeking even greater opportunities, there is a pathway to acquiring Portuguese citizenship, providing
global mobility and extensive rights.
D2 Visa
- Introduction
D2 Entrepreneurship Visa is established to encourage new entrepreneurs to set up business in the country. This
program offers a pathway for individuals who are looking for the fastest way to get a European citizenship. The main process for the application consists of three stages, the applicant should register the company at the first stage; Secondly, submit the visa application, and then wait for the final approval and issuance of residence permit.
- Application Requirement
- The main applicant must be at least 18 years old;
- Provide Certificate of No Criminal Conviction;
- To establish a company in Portugal.
- Program Benefits
- Inclusive Opportunity
This program is open to individuals from all backgrounds, without any specific business or management experience required.
- No Educational, Age, or Asset Requirements
There are no educational, age, or family asset requirements to applicants in this program.
- Access to National-level Benefits
Upon enrollment, applicants can immediately enjoy the comprehensive welfare benefits offered to Portuguese
nationals, including free healthcare and education.
- Path to High-Value Residency / EU Passport
After a period of five years, applicants have the opportunity to obtain a highly valued Portuguese permanent
residency or even an EU passport.
Digital Nomad Visa
- Introduction
Digital Nomad Visa Program allows individuals to secure temporary residency in Portugal while embracing a
remote work lifestyle from this captivating European destination.
- Application Requirement
- The main applicantmust be 18 years of age or older;
- Provide Certificate of No Criminal Conviction;
- Applicants should provide evidence of their employment contract and relevant documents from their employer;
- The average monthly income for the past three months should be €3,040.
- Program Benefits
- Unrestricted Mobility
The Portugal Digital Nomad Visa opens the doors to visa-free travel and unrestricted movement across the
Schengen Area.
- Comprehensive Healthcare
Benefit from Portugal’s National Healthcare system (SNS), which covers both primary and secondary healthcare
needs, ensuring your well-being during your stay.
- Pathway to Citizenship
After five years of legal residency, you have the choice to apply for permanent residency or citizenship, offering an opportunity to become an integrated part of Portugal’s vibrant community.
- Reunite with Family:
The Portugal Digital Nomad Visa allows you to bring your family members along. This includes spouses or partners, dependent children, parents, and minor siblings.
In addition to visa services, to address a broader range of customer needs, we also offer a variety of local services.
Marriage Registration
- Introduction
Portugal is among the preferred destinations for couples who want to get married outside their countries of origin and benefit from great conditions and appealing landscapes. Marriage in Portugal is subject to a few rules and
regulations and foreign citizens should know beforehand what the requirements are and if the ceremonies are
legally recognized. New marriage requests at least one of the spouse to be in Portugal and existing marriage
outside Portugal can be registered remotely.
- Application Requirements
- One of the spouse needs to have Portuguese nationality or residence permit;
- Valid passports or resident permits plus the divorce certificate (if previously married);
- Certificate of no impediment to marriage showing you are allowed to get married.
Spouse Residence Permit
- Introduction
Only immediate family members of residence permit holders or citizenship can apply for a family visa. The Portugal family visa is valid for the duration of the sponsor’s residence permit. In cases where the couple has been married
for five years, the initial residence permit is valid for two years and an autonomous visa is granted that is valid for
three years and renewable every three years.After 5 years of continuous living in Portugal you can apply for a
permanent residence. The residence is infinite but must be renewed every five years. After five years of living in
Portugal, you may apply for citizenship. You need to submit proof of having learned the language and proof that
you are not under investigation or convicted of any crimes.
- Application Requirements
- Documentary proof certifying the entitlement to Family Reunification by a foreign citizen holder of a Residence Permit, an EU Blue Card, or the long-term resident status;
- Authenticated supporting documents proving the family links invoked;
- Authenticated copies of the identification documents of the applicants family members;
- Evidence that the applicant has adequate accommodation;
- Documentary evidence of adequate subsistence means for the applicant and for the family;
- Extract from the judicial record in the country of origin or of provenance of the family member (where the family member has been residing for a period exceeding one year) except for under 16 years old.
Company Registration
- Introduction
Portugal is in the top ten in the world in terms of ease of registering a company. Entrepreneurs can open their
business with legal representatives without presenting themselves in Portugal.
- Application Requirements
- Passport;
- Proof of current address;
- Personal NIF number;
- A Portuguese address for the company.
To sum up, if you are considering relocating to Portugal and require assistance, we are here to help! Specifically,
Globevisa Portugal collaborates seamlessly with the China team, resulting in a combined workforce of 30
personnel to offer comprehensive relocation services to ensure a smooth transition for individuals and families.
Our experienced teams in both Portugal and China collaborate seamlessly to provide dual team services,
combining local expertise with a global perspective. Whether you are looking to move for business, personal
reasons, or investment opportunities, Globevisa is dedicated to assisting you throughout the entire relocation
process.
Key services we offer include:
- **Legal Assistance:** Our dedicated legal team in Portugal ensures that all necessary legal requirements for relocation are met. From visa applications to residency permits, we navigate the legal landscape to make your move hassle-free.
- **Project Selection:** Globevisa is committed to strict risk control and compliance. We help you choose from high-quality projects, ensuring that your investment or move to Portugal is secure and meets your expectations.
- **Comprehensive Support:** Our team of experts provides support in various aspects of relocation, including housing, education, healthcare, and local integration. We strive to make your transition as smooth as possible.
- **Global Perspective:** With a presence in both Portugal and other parts of the world, we offer a global perspective on relocation. Our multinational team approach ensures that you benefit from insights and expertise from both regions.
To initiate your relocation process or inquire about our services, please contact us through the following
channels:
E-mail: migrationplanner@globevisa.com
Phone Number: +351 915 027 425
Address: Avenida Eng. Duarte Pacheco, Nº19, 3ºD 1070-100 Lisbon, Portugal
Instagram: @Globevisa_Portugal
Our dedicated team is ready to assist you in making your move to Portugal a seamless and positive experience.
Contact us today, and let Globevisa be your trusted partner in relocation.
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